The Globe and Mail reports in its Friday, Aug. 29, edition that TD Cowen analyst Vince Valentini has elevated his recommendation for Thomson Reuters to "buy" from "hold." The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Valentini calls Thomson Reuters "one of the best companies in Canada." Mr. Valentini hiked his share target to $285 from $275. Analysts on average target the shares at $284.90. Mr. Valentini says in a note: "The stock had recently been trading at 34 times 2025 estimated EV/EBITDA and 56 times P/E, which were too high for us to recommend a 'buy,' but a recent correction (down 18 per cent since July 14) has created a rare opportunity to purchase this stock at a bit less of a premium. ... When we compare TRI with its key comps in the business information services sector, we continue to find that it scores very well on most metrics. ... A premium valuation is justified for TRI owing to high growth, largely recurring revenue streams; expanding margins; a very strong balance sheet (with lots of room for share buybacks on any temporary share-price weakness); and industry-leading positions in the delivery of GenAI workflow tools to legal and tax professionals."